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All Forum Posts by: Nima S.

Nima S. has started 6 posts and replied 33 times.

Post: First Step for a New Investor in Brooklyn or Queens

Nima S.Posted
  • Real Estate Professional
  • New York, NY
  • Posts 33
  • Votes 11

@Abel Curiel curios to know how you and your client are pulling this one off. can we talk sometime this week. 

Post: Unison closed deal 2-family in Brooklyn

Nima S.Posted
  • Real Estate Professional
  • New York, NY
  • Posts 33
  • Votes 11
Originally posted by @Jason Lee:

@Nima S. There was no impact on the rate that I saw. It looked very competitive even though you're locked into only a couple of lenders.

Thanks for the response. Anyway you will be able your client will be able to share their experience? I will PM you. Appreciate it.

Post: Unison closed deal 2-family in Brooklyn

Nima S.Posted
  • Real Estate Professional
  • New York, NY
  • Posts 33
  • Votes 11

@Jason Lee just curious did the co-investment impact the interest rate on the loan? as banks do factor equity investments on the down payment when pricing the loan? From your experience did it impact the buyer, in other words would the rate have differed much for him/her if all else was same but scenario 1 - no unison down payment scenario 2 - co-investment by unison.

Post: NYC Real Estate Investors Morning Meeting

Nima S.Posted
  • Real Estate Professional
  • New York, NY
  • Posts 33
  • Votes 11

@Tzvi Ausubel please share info on the upcoming meet up. Will like to sign up. Thanks !

Post: Adding Separate Meters on 2-unit (Queens-NYC)

Nima S.Posted
  • Real Estate Professional
  • New York, NY
  • Posts 33
  • Votes 11
@Matt K. thanks for feedback. Will you mind sharing the name of firm. Thanks, again.

Post: Adding Separate Meters on 2-unit (Queens-NYC)

Nima S.Posted
  • Real Estate Professional
  • New York, NY
  • Posts 33
  • Votes 11
@James Simonton Thanks, appreciate the feedback.

Post: Adding Separate Meters on 2-unit (Queens-NYC)

Nima S.Posted
  • Real Estate Professional
  • New York, NY
  • Posts 33
  • Votes 11
@Matt K.

Post: Adding Separate Meters on 2-unit (Queens-NYC)

Nima S.Posted
  • Real Estate Professional
  • New York, NY
  • Posts 33
  • Votes 11

Thanks for the recommendation and examples you shares @Johann Jells. I will definitely keep my eyes out for the check list monkeys.

Thanks,

Nima S.

Post: Adding Separate Meters on 2-unit (Queens-NYC)

Nima S.Posted
  • Real Estate Professional
  • New York, NY
  • Posts 33
  • Votes 11

Thanks @Johann Jells really appreciate the feedback. I did get the Coo that has it a 2-fam dwelling. Is there something specific I should ask to the seller for more specific so that I can have a more educated discussion with a contract on estimated costs.

Any other feedback regards to this will be highly appreciated. Thanks, again - Nima S. 

Post: Adding gas meter to separate heat - Bronx MF

Nima S.Posted
  • Real Estate Professional
  • New York, NY
  • Posts 33
  • Votes 11

@Raza Rizvi good evening. I am in a similar situation with a property I am interested in Queens. It is a legal 2 fam but has only one electric meter, boiler and heat furnace. Were you able to add separate meters  so that you could bill tenants for their utility use? Thanks - Nima S.